Bitcoin - We may have just seen the lows for a long long timesteemCreated with Sketch.

in bitcoin •  5 years ago 

Bitcoin may have made it's low for a very long time

Once prices shot up from $7,300 that may have been a signal that is as low as it is going to get for a long long time.

If history is to repeat, we won't see a price that low possibly ever, but for sure not within the next 2 years.

Here is the weekly chart:

(Source: https://twitter.com/nebraskangooner/status/1191790334394667008)

Given that, hopefully you were able to scoop some up at that $7k level.

If not, well just ride the wave for the next 2 years.

I'll see you on the other side.

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The price is too high according to the DeMarker indicator,
The MACD DEMA indicator signaled a fall on October 31,
The indicator I use has completed the buy-sell transactions,
If this negativity comes together, I'il sell this bitcoin in my hand.

Until when?

Should fall between 8500$-8800$

And you buy there?